Are you considering filing for Chapter 7 or Chapter 13 bankruptcy in Virginia? Although much of bankruptcy is governed by federal law, some bankruptcy-related information and law is specific to your state.
Below you’ll find Virginia-specific information on filing for bankruptcy as well as articles on the various Virginia bankruptcy exemptions. And for in-depth information on bankruptcy law and procedures, visit Nolo’s Bankruptcy Center.
How to File Bankruptcy in Virginia
In this complete guide to filing bankruptcy in Virginia, you’ll learn about the differences between Chapters 7 and 13, the debts you can discharge, and the property you can keep using Virginia’s exemption laws. It also explains how to qualify for bankruptcy chapters 7 and 13 in Virginia, and includes checklists to help you navigate the process and organize bankruptcy documents, and links to a DIY bankruptcy quiz, and other helpful resources.
The Virginia Homestead Exemption
The Virginia homestead exemption allows you to protect a small amount of equity in your home if you file for bankruptcy.